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  • bank mecu - responsible banking

    • commercial loans

    commercial loans

    View all commercial loan interest rates and fees.

    effective 20/01/12

    typeannual percentage rate
    commercial
    loan

    (rate dependent on security)
    7.29% - 12.14%
    commercial
    loan
    unsecured
    13.88%
    commercial
    overdraft secured
    7.39% - 9.14%
    commercial
    overdraft
    unsecured
    13.88%

    fees & charges

    The establishment fee is calculated as 0.5% (min $100) of the loan amount plus valuation fee & bankmecu solicitor fees for preparing the security and loan documents. 

    loan chargesfee
    Secured Overdraft Fee (per month) $12.50

    *Read loans significant terms and conditions

    Other fees or charges may be applicable and will be disclosed with the loan contract. These fees and charges are available on request.

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